Highly prospective exploration company

Resource projects cover more than 1,713 km2 in three provinces at various stages, including the following: hematite magnetite iron formations, titaniferous magnetite & hematite, nickel/copper/PGM, chromite, Volcanogenic Massive and gold.

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Message: Re: Great way to buy RGX/CHM
3
Nov 21, 2012 08:39PM
3
Nov 21, 2012 09:30PM

Lethalgal is right but I don't think the FNC will get much value for those shares unless a) mgmt decides to dividend them out or b) mgmt proves that FNC is more than just a capital destroying machine. If one was to look at this company's history, they would probably come to the conclusion that management will simply waste any revenue received from CHM/RGX share sales on fruitless exploration. The onus is on the new CEO to prove otherwise.

4
Nov 22, 2012 06:23AM
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